According to reports, US banks are actively preparing for an onchain future by rebuilding core financial infrastructure. This development aims to facilitate the movement of cash, custody services, and funds onchain while operating under regulatory oversight. The move signifies a growing interest in integrating traditional finance with blockchain technology, potentially streamlining processes and creating new opportunities within the financial sector. The initiative focuses on adapting existing systems to accommodate the demands of a digital asset ecosystem.

According to reports, US banks are actively preparing for an onchain future by rebuilding core financial infrastructure. This development aims to facilitate the movement of cash, custody services, and funds onchain while operating under regulatory oversight. The move signifies a growing interest in integrating traditional finance with blockchain technology, potentially streamlining processes and creating new opportunities within the financial sector. The initiative focuses on adapting existing systems to accommodate the demands of a digital asset ecosystem.